Global Automotive Antenna Module Market Overview:
Automotive antenna module is a passive device which is designed to be mounted on the vehicle refers to receive and transfer information. It is usually installed as a standard feature in the latest models of cars such as Jaguar XF, Chevrolet Corvette Stingray, BMW 7series, Scion tC, Mercedes-Benz E-class, and others. Being an unavoidable part of wireless communication, automotive antenna modules are communication devices to serve a number of purposes in a vehicle like FM/AM radio, satellite/digital radio, data exchange through Bluetooth or Wi-Fi access systems, navigation, global positioning, phone pairing or connectivity and safety. The integration of wireless connectivity offers high growth rate to the market over forecast period Some of the key players profiled in the study are SCHAFFNER HOLDING AG (Switzerland), HARADA INDUSTRY CO., LTD (Japan), Continental AG (Germany), LAIRD (United Kingdom), Kymeta Corporation (United States), Hirschmann Car Communication (Germany), KATHREIN-Werke KG (Germany), Amphenol T&M Antennas (United States), ANTONICS - ICP GmbH (Germany), Delphi Automotive LLP (Ireland) and u-blox (Switzerland).
On the basis of geography, the market of Automotive Antenna Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Frequency Range, the sub-segment i.e. Low Range will boost the Automotive Antenna Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in Demand for Wireless Connectivity in Vehicles Across the Globe
- Opting Satellite Broadband Technology Over Mobile Network Technology
- Adoption of Innovative Technologies for the Passenger Cars Worldwide
- Increasing Demand for Vehicles with Improved Signal Quality and Optimum Scalability
- Signal Interference During Sharing and Receiving of Information
- Increasing Demand from Emerging Economies Such As India and China
- Automotive Antenna Module Produces Polarized Radiation in Circular Direction
Major Market Developments:
On 23 March 2018, Continental uses cyber security technology to ensure comprehensive protection against possible hacker attacks on safety-relevant vehicle components and in production plants. The trend towards digitalization, connectivity and automated driving means vehicles are becoming part of the Internet of Everything. However, vehicles today are already potential targets for hacker attacks, which is why the security of data and safety-relevant components is a current concern in the automotive industry
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, and new service launches as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the world to avail competitive advantage through combined synergies
Manufacturers of Automotive Antenna Module, Suppliers of Automotive Antenna Module Parts, Wholesalers, Distributors and Retailers of Automotive Antenna Module, Electronic Device Manufacturing Companies and Automotive Industry
Major Objectives Focused through this Study
To define, describe, and forecast the Global Automotive Antenna Module market on the basis of product [Passenger Vehicles, Commercial Vehicles and Electric Vehicles] , application [OEM (Original Equipment Manufacturer) and Aftermarket], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Automotive Antenna Module market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Automotive Antenna Module industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Automotive Antenna Module market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.